Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Land in Growing Community Title is generated by Realmo AI

    8873 Rocky River Road, Harrisburg, NC 28075

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $164,990

    1.7-acre lot near Charlotte, NC, ideal for site-built home.

    Added:
    Jun 5, 2025
    Days on Market:
    348
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 8873 Rocky River Road

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    KESHIA SHERRILL

    Listing agent KESHIA SHERRILL

    Listing office COLDWELL BANKER REALTY

    Listing date Jun 5, 2025

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER REALTY

    HighLights

    • 1.7‑acre lot offers ample space for building a custom home.
    • Located in Harrisburg, a fast‑growing community with small‑town charm.
    • Conveniently located under 30 minutes from Charlotte.
    • Zoned exclusively for site‑built homes.
    • Not in a flood zone.
    • Paved road access.

    Overview

    This 1.7-acre lot in Harrisburg, Cabarrus County, North Carolina, presents an opportunity for building a home or investing in a growing community. The property is located less than 30 minutes from Charlotte. Zoned exclusively for site-built homes, the lot is not in a flood zone and features paved access. The land is surrounded by trees. Nearby attractions include Charlotte Motor Speedway, Pharr Mill Park, Reed Gold Mine, and Gibson Mill Market. The property offers access to the small-town charm and community of Harrisburg.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Building Supply Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Department Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Harrisburg
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.6402
    Latitude
    35.2927

    Nearby Similar for Sale

    • $315,000
      995 SF

      Harrisburg Commercial Property with EC Zoning

      Versatile commercial building with Employment Center zoning in Harrisburg, NC.
      4423 Railroad Avenue, Harrisburg, NC 28075
      View Details
    • $25,000

      Riverfront Lot in Harrisburg, NC

      Buildable riverfront lot near dining and shopping in Harrisburg.
      3642 Waterloo Drive, Harrisburg, NC 28075
      View Details
    • $25,000

      Riverfront Lot in Harrisburg, NC

      Riverfront lot for sale in the heart of Harrisburg.
      3648 Waterloo Drive, Harrisburg, NC 28075
      View Details
    • $1,300,000

      Harrisburg Flex/Industrial Property For Sale

      Three-suite property in high-demand Harrisburg flex/industrial market.
      4450-4454 Railroad Avenue Harrisburg, NC 28075
      View Details
    • $1,300,000
      5,015 SF

      Harrisburg Flex/Industrial Three-Suite Property

      Functional, modern industrial space in a high-demand Harrisburg market.
      4450 Railroad Ave, Harrisburg, NC 28075
      View Details
    • $6,999,000

      Harrisburg Commercial Land Opportunity

      Almost 12 acres of commercial land near I-485.
      9565 Rocky River Road, Harrisburg, NC 28215
      View Details
    • $6,999,000

      Harrisburg Commercial Land Opportunity

      Almost 12 acres of commercial land near I-485.
      9565 Rocky River Road, Harrisburg, NC 28215
      View Details
    • $175,000
      1,000 SF

      Harrisburg Secluded Acreage For Sale

      5.5 acre wooded tract with private right of way.
      7340 Paul Linker Place, Harrisburg, NC 28075
      View Details
    • $1,525,000

      Commercial Land in Harrisburg, NC

      2.4 acres of prime commercial land for sale.
      4875 State Hwy 49, Harrisburg, NC
      View Details
    • Contact for pricing
      18,000 SF

      Retail and Office Center

      Entertainment and service-oriented retail, medical, and office center.
      5864 Coulee Ln, Harrisburg, NC
      View Details
    • $1,000,000
      2,516 SF

      Harrisburg Retail Property For Sale

      Retail property in Harrisburg, NC with ample parking.
      12095 University City Blvd, Harrisburg, NC
      View Details
    • Contact for pricing

      Land Available in Harrisburg, NC

      Land for sale at 6815 Hudspeth Rd, Harrisburg, NC.
      6815 Hudspeth Rd, Harrisburg, NC
      View Details

    FAQs

    What type of property is this?
    Land - 1.7-acre lot near Charlotte, NC, ideal for site-built home.
    Where is this land located?
    The property is located at 8873 Rocky River Road Harrisburg, NC.
    What is the asking price?
    The asking price for this property is $164,990.
    What are key features of this property?
    This property features: 1.7‑acre lot offers ample space for building a custom home.; Located in Harrisburg, a fast‑growing community with small‑town charm.; Conveniently located under 30 minutes from Charlotte.
    We can help!
    Listing Contact
    KESHIA SHERRILL
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    8873 Rocky River Road, Harrisburg, NC 28075
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!